The HPQ, these guys are cyclical and it's how they deal with that in that moment in time. They have been always very articulate about their dividend policy to have a flat or growing dividend. But I just believe with the CapEx spending to grow aggressively over the next two years and free cash flow to Decline, I think it does put massive, massive pressure on their dividend.
In this week's episode, we discuss 5 companies in our portfolios that we don't feel comfortable owning going into a recession.
News of the week includes Novo Nordisk Market cap which now exceeds Nestle. And Unilevers Shrinkflation on Ice cream.
Companies mentioned From EMF are HPQ, Danone, BASF,
The companies mentioned by EDGI are Omega HealthCare and 3M.
Reference Material -
chowder rule Archives - European Dividend Growth Investor (europeandgi.com)